Nobel Prize winning economist Joseph Stiglitz gives the final keynote lecture in the Sustainable Business Series at the Edinburgh International Book Festival.
@TheShoStyle Today's move towards a just and equal society is tomorrow's entrenched conservative oppression. Mankind does little more than one folly after another, and its only our shortsightedness and arrogance that makes us think that our modern times are in any way superior to any point in the past.
Its all an elaborate system of interlocking trade offs. If you make things better here, they get worse there.
So, everyone wants instant gratification. People in general would rather spend than invest. Rich people make other rich people richer. The "financial sector" messed up everything. Now what do we do? It's philosophical financial talk like this that keeps us from acting on anything. Everyone wants to complain and write books. What we really need are people that care about an equal and just society with the motivation to make policies that move us toward this end.
Too old, but still living with a purpose in life. He too was amazing and is to continue to be.
felpaluche 2 months ago
@drizztmay
"free markets" result in such fingers
delstoneinfo 7 months ago 2
@TheShoStyle Today's move towards a just and equal society is tomorrow's entrenched conservative oppression. Mankind does little more than one folly after another, and its only our shortsightedness and arrogance that makes us think that our modern times are in any way superior to any point in the past.
Its all an elaborate system of interlocking trade offs. If you make things better here, they get worse there.
weetsy1 1 year ago
I'm glad to have heard the audience questioning session. They've raised some interesting points such as how government affect invests and so on.
cakeatsnake68 1 year ago
So, everyone wants instant gratification. People in general would rather spend than invest. Rich people make other rich people richer. The "financial sector" messed up everything. Now what do we do? It's philosophical financial talk like this that keeps us from acting on anything. Everyone wants to complain and write books. What we really need are people that care about an equal and just society with the motivation to make policies that move us toward this end.
TheShoStyle 1 year ago
Who/what is the financial sector specifically?
TheShoStyle 1 year ago
22:12 I wonderhow the American mindset is when waking up in a bubbleless world. Maybe all the guns come in handy the coming years
MrWonkish 1 year ago